Causes of the Great Crash In 1929 there had been a bull market for some time, and it seemed like it would never stop. However, such prosperity would not last forever. In October of that year, the market came to an abrupt halt. It was not a simple matter however. There was no single reason why the market finally crashed as it did but rather there were many factors that had lead to this devastating event. …showed first 75 words of 931 total…

…showed last 75 words of 931 total…crash of 1929 marked an end to a great time of prosperity. No longer were peoples’ lives going to be worried free. The crash helped spur the greatest economic depression in United States history. Many ask whether it could have been avoided. If you break it down add up all the underlying causes, it seems as though it was merely inevitable. However, the stock market, much like gambling, has and always will make and break fortunes.